Insider Sell: Glenn Sanford Sells 50,000 Shares of eXp World Holdings Inc (EXPI)

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Nov 26, 2024
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On November 25, 2024, Glenn Sanford, CEO and Chairman of the Board, 10% Owner of eXp Realty, a branch of eXp World Holdings Inc (EXPI, Financial), sold 50,000 shares of the company. Following this transaction, the insider now owns 40,389,080 shares of the company. The details of this transaction can be found in the SEC Filing. eXp World Holdings Inc is a cloud-based real estate brokerage company. It operates through its subsidiaries, including eXp Realty, which provides residential real estate brokerage services. The company leverages a virtual platform to offer its services, allowing for a more flexible and scalable business model. 1861228738025517056.png Over the past year, Glenn Sanford has sold a total of 1,263,121 shares and has not purchased any shares. The insider transaction history for eXp World Holdings Inc indicates that there have been 0 insider buys and 37 insider sells over the same period. 1861228821311811584.png As of the date of the recent transaction, shares of eXp World Holdings Inc were trading at $14.41 each, giving the stock a market cap of $2.208 billion. The stock's GF Value is estimated at $14.32, resulting in a price-to-GF-Value ratio of 1.01, indicating that the stock is fairly valued according to its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

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